Dow tops 19,000 for first time; TSX closes higher - Action News
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Dow tops 19,000 for first time; TSX closes higher

The Dow Jones industrial average soared above 19,000 points for the first time ever, as stock markets continued to ride a wave of optimism triggered by the victory of U.S. president-elect Donald Trump.

S&P 500, Nasdaq join Dow in setting fresh all-time highs

A board above the trading floor of the New York Stock Exchange shows the Dow Jones industrial average above 19,000, Tuesday, Nov. 22, 2016. U.S. stocks are rising Tuesday morning after most major indexes closed at record highs the day before. (Richard Drew/Associated Press)

The Dow Jones industrial average soared above 19,000 points for the first time ever, as stock markets continued to ride a wave of optimism triggered by the victory of U.S. president-elect Donald Trump.

All three major stock markets in New York closed at record highs for a second day in a row.

The Dow Jones gained 67.18 points to 19,023.87, while the tech-heavy Nasdaq composite rose 17.49 points to 5,386.35. The broader S&P 500 index advanced 4.76 points to 2,202.94.

In Toronto, the S&P/TSX composite index climbed 60.51 points at 15,100.38, helped by rising metals and materials stocks.

The Canadian dollar slipped 0.22 of a U.S. cent to 74.33 cents US, as it felt downward pressure from weaker oil prices.

The January crude contract fell 21 cents to $48.03 US per barrel.

December natural gas was up three cents at $2.98 US per mmBTU, while January contracts, which were trading at a similar volume, were up two cents at $3.10 US per mmBTU.

The December gold contract gained $1.40 to $1,211.20 US an ounce and December copper contracts were up three cents at $2.54 US a pound.